First published on Termsheet, a newsletter with commentary on startups and venture capital in emerging markets by Zubair Naeem Paracha. Careem’s Super...
Riyadh-based customer engagement platform Unifonic has raised $125 million in a Series B led by SoftBank Vision Fund 2 and Public Investment...
Dubai-headquartered car subscription platform Invygo raised $1.9 million in a pre-Series A round from Signal Peak Ventures, JS Group, Wealth Well, Knollwood...
Saudi Research & Media Group (SRMG), a public company that’s behind leading media brands including Argaam, Arab News, Asharq Al-Awsat, and Asharq...
Riyadh-based automotive parts platform Speero has closed $1.8 million in a pre-Series A round, co-led by Nuwa Capital and EQ2 Ventures, it...
OhSaudi-based fashion ecommerce platform Nejree has raised $15 million in a Series A led by Impact46’s growth fund, it announced in a...
Tamer Group, a Saudi company with interests in healthcare, beauty, and FMCG products, is acquiring Mumzworld, the region’s leading ecommerce platform for...
Kuwait-headquartered online flowers and gifting platform Floward has raised $27.5 million in a Series B round led by STV, with participation from...
Dubai-headquartered eyewear startup Eyewa has raised $21 million in a Series B co-led by Kingsway Capital and Nuwa Capital, it announced in...
STC Pay and another local firm have become the first companies in Saudi to receive a digital banking license. The Saudi cabinet...